I am copying hereunder two of the most common errors that I get (userspace watchdog timeout and sleep/wake hang):

USERSPACE WATCHDOG TIMEOUT:
panic(cpu 1 caller 0xfffffff023a15064): userspace watchdog timeout: no successful checkins from dfrd in 180 seconds
service: dfrd, total successful checkins since load (210 seconds ago): 3, last successful checkin: 180 seconds ago
service: remoted, total successful checkins since load (210 seconds ago): 22, last successful checkin: 0 seconds ago
service: bridgeaudiod, total successful checkins since load (210 seconds ago): 22, last successful checkin: 0 seconds ago
service: logd, total successful checkins since load (210 seconds ago): 21, last successful checkin: 0 seconds ago
Debugger message: panic
Memory ID: 0x6
OS release type: User
OS version: 19P647
macOS version: 21C52
Kernel version: Darwin Kernel Version 21.2.0: Sun Nov 28 20:41:46 PST 2021; root:xnu-8019.61.5~2/RELEASE_ARM64_T8010
Kernel UUID: 096BFE9E-1498-32D9-A90D-40F573034F7C
iBoot version: iBoot-7429.61.2
secure boot?: YES
x86 EFI Boot State: 0x16
x86 System State: 0x0
x86 Power State: 0x0
x86 Shutdown Cause: 0xec
x86 Previous Power Transitions: 0x70707060400
PCIeUp link state: 0x1614
Paniclog version: 13
Kernel slide: 0x000000001b698000
Kernel text base: 0xfffffff02269c000
mach_absolute_time: 0x137f6724c
Epoch Time: sec usec
Boot : 0x61eed8c0 0x000607e7
Sleep : 0x00000000 0x00000000
Wake : 0x00000000 0x00000000
Calendar: 0x61eed995 0x00093c15
Zone info:
Foreign : 0xfffffff0561bc000 - 0xfffffff0561cc000
Native : 0xffffffe000494000 - 0xffffffe600494000
Readonly : 0xffffffe0e6af8000 - 0xffffffe1337bc000
Metadata : 0xffffffeb009a4000 - 0xffffffeb04afc000
Bitmaps : 0xffffffeb021a4000 - 0xffffffeb02408000
CORE 0: PC=0x000000018c6345a0, LR=0x000000018c657d98, FP=0x000000016cfd60e0
CORE 1 is the one that panicked. Check the full backtrace for details.
Total cpu_usage: 13917263
Thread task pri cpu_usage
0xffffffe4ccba54e8 watchdogd 97 0
0xffffffe4ccba29d0 bridgeaudiod 37 0
0xffffffe4ccb970c8 watchdogd 31 0
0xffffffe4cd0a0df0 kernel_task 0 5371366
0xffffffe4cd09cdf0 kernel_task 0 4694703
Panicked task 0xffffffe4cd110000: 189 pages, 3 threads: pid 36: watchdogd
Panicked thread: 0xffffffe4ccba54e8, backtrace: 0xffffffeb03fe30c0, tid: 886
lr: 0xfffffff022e8f6b4 fp: 0xffffffeb03fe3100
lr: 0xfffffff022e8f444 fp: 0xffffffeb03fe3170
lr: 0xfffffff022fcad98 fp: 0xffffffeb03fe31f0
lr: 0xfffffff022fc9f60 fp: 0xffffffeb03fe32a0
lr: 0xfffffff0234f95fc fp: 0xffffffeb03fe32b0
lr: 0xfffffff022e8f158 fp: 0xffffffeb03fe3640
lr: 0xfffffff022e8f158 fp: 0xffffffeb03fe36a0
lr: 0xfffffff023fef488 fp: 0xffffffeb03fe36c0
lr: 0xfffffff023a15064 fp: 0xffffffeb03fe36e0
lr: 0xfffffff023a14a58 fp: 0xffffffeb03fe3700
lr: 0xfffffff023473404 fp: 0xffffffeb03fe3760
lr: 0xfffffff023a13f74 fp: 0xffffffeb03fe3880
lr: 0xfffffff02347d1ec fp: 0xffffffeb03fe3a20
lr: 0xfffffff022f9209c fp: 0xffffffeb03fe3b40
lr: 0xfffffff022e9572c fp: 0xffffffeb03fe3bd0
lr: 0xfffffff022e6acd8 fp: 0xffffffeb03fe3d00
lr: 0xfffffff022e81e70 fp: 0xffffffeb03fe3d90
lr: 0xfffffff022fbf678 fp: 0xffffffeb03fe3e60
lr: 0xfffffff022fca328 fp: 0xffffffeb03fe3f10
lr: 0xfffffff0234f95fc fp: 0xffffffeb03fe3f20

SLEEP/WAKE HANG:
panic(cpu 0 caller 0xfffffff00f2b2938): Sleep/Wake hang detected u/IOPMrootDomain.cpp:12592
Debugger message: panic
Memory ID: 0x6
OS release type: User
OS version: 19P647
macOS version: 21C52
Kernel version: Darwin Kernel Version 21.2.0: Sun Nov 28 20:41:46 PST 2021; root:xnu-8019.61.5~2/RELEASE_ARM64_T8010
Kernel UUID: 096BFE9E-1498-32D9-A90D-40F573034F7C
iBoot version: iBoot-7429.61.2
secure boot?: YES
x86 EFI Boot State: 0x16
x86 System State: 0x1
x86 Power State: 0x1
x86 Shutdown Cause: 0x5
x86 Previous Power Transitions: 0x100010001
PCIeUp link state: not available
Paniclog version: 13
Kernel slide: 0x0000000007524000
Kernel text base: 0xfffffff00e528000
mach_absolute_time: 0x4b197e4c58
Epoch Time: sec usec
Boot : 0x61e73c46 0x00054113
Sleep : 0x61e8684a 0x000c31d2
Wake : 0x61e8694b 0x00051c6a
Calendar: 0x61e8697e 0x0008028d
Zone info:
Foreign : 0xfffffff06e1bc000 - 0xfffffff06e1cc000
Native : 0xffffffe0002ac000 - 0xffffffe6002ac000
Readonly : 0xffffffe0e6910000 - 0xffffffe1335d4000
Metadata : 0xffffffeb008bc000 - 0xffffffeb04a74000
Bitmaps : 0xffffffeb020bc000 - 0xffffffeb02324000
CORE 0 is the one that panicked. Check the full backtrace for details.
CORE 1: PC=0xfffffff00ed4db40, LR=0xfffffff00ed4db40, FP=0xffffffeb0ec8bef0
Panicked task 0xffffffe219cec628: 0 pages, 225 threads: pid 0: kernel_task
Panicked thread: 0xffffffe2196d14e8, backtrace: 0xffffffeb0f1db7f0, tid: 13109
lr: 0xfffffff00ed1b6b4 fp: 0xffffffeb0f1db830
lr: 0xfffffff00ed1b444 fp: 0xffffffeb0f1db8a0
lr: 0xfffffff00ee56d98 fp: 0xffffffeb0f1db920
lr: 0xfffffff00ee55f60 fp: 0xffffffeb0f1db9d0
lr: 0xfffffff00f3855fc fp: 0xffffffeb0f1db9e0
lr: 0xfffffff00ed1b158 fp: 0xffffffeb0f1dbd70
lr: 0xfffffff00ed1b158 fp: 0xffffffeb0f1dbdd0
lr: 0xfffffff00fe7b42c fp: 0xffffffeb0f1dbdf0
lr: 0xfffffff00f2b2938 fp: 0xffffffeb0f1dbe30
lr: 0xfffffff00ed6ee80 fp: 0xffffffeb0f1dbf20
lr: 0xfffffff00f3905a0 fp: 0x0000000000000000